Lucas P98 price forecast
As of Sun 15 Nov, Lucas P98 averages 246.5 c/L, and FuelRadar estimates it will fall about 4.3 c/L to 242.2 c/L by Sun 22 Nov.
P98
More fuels (1)
Likely to fall
Estimate only: prices may edge down about 4.3 c/L by Sun 22 Nov.
- City average (estimate)
- 246.5 c/L
- Typical miss, a week ahead
- 5.0 c/L(no change: 5.0)
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P98: last 30 days and the next 7
P98: last 30 days and the next 7. The forecast moves from 246.5 c/L on 15 Nov 2026 to 242.2 c/L on 22 Nov 2026.
Source: FuelRadar (fuelradar.com.au)
Reported city averages to Sun 15 Nov, then the FuelRadar Ballarat estimate dated Sun 15 Nov with its likely range shaded, shifted 4.8 c/L higher for Lucas's local prices.
First lower estimate: Tue 17 Nov, about 245.0 c/L (1.5 below today).
Day by day
Each day’s likely range and estimate, with the change from today’s 246.5 c/L (dashed line).
- likely 244.4 to 248.0 c/L246.1
- likely 242.0 to 248.2 c/L245.0
- likely 239.6 to 248.4 c/L243.9
- likely 237.4 to 251.3 c/L243.5
- likely 235.1 to 254.2 c/L243.1
- likely 232.8 to 257.2 c/L242.7
- likely 230.5 to 260.0 c/L242.2
Cheapest P98 near Lucas now
Updated
Capital cities
City averages, Sun 15 Nov.
See the Lucas P98 forecast in the app
The 7-day Lucas forecast, updated each day, and price alerts. Free on iPhone and Android.
App preview. Prices shown are example captures, not current reports.
Questions about the Lucas forecast
Lucas P98 forecast explained
Where prices sit
Lucas uses the Ballarat P98 outlook, adjusted by 4.8 c/L for Lucas's own price history.
What usually happens next
Partway down the cycle, prices usually fall: the estimate is down about 4.3 c/L to 242.2 c/L by . After a market-wide move, the model restated the cycle at today's price level, so it does not expect a return to the earlier low.
What could change it
Wholesale and crude signals: the national wholesale petrol price fell 15.7 c/L to 195.8 c/L over the five days to , and Brent crude rose 3.5% to US$95.84 a barrel. The estimate does not use them directly.
How accurate is the forecast?
- Forecast miss, 7 days ahead
- 4.98 c/L
- "Prices stay the same"
- 4.98 c/L
Source: FuelRadar (fuelradar.com.au)
The week-ahead forecast has not yet beaten "prices stay the same", so every estimate is labelled "Estimate only" with its average miss.
From 426 checks of the seven-day estimate against the reported city daily average, beside assuming prices stay the same over the same days.
| Ahead | Miss | No change | Result |
|---|---|---|---|
| Next day | 1.23 | 1.29 | About the same as no change |
| 3 days ahead | 2.43 | 2.53 | About the same as no change |
| 7 days ahead | 4.98 | 4.98 | About the same as no change |
| 14 days ahead | 7.31 | 7.31 | About the same as no change |
| Average miss in c/L over each horizon's replay checks. The 7-day row decides whether the call names a direction. | |||
How does FuelRadar make the forecast?
FuelRadar has helped Australian drivers find cheaper fuel since 2020. Each estimate starts from Ballarat's reported daily city averages and how they have moved recently. A city daily average is FuelRadar's scheduled morning average of the city's reported station prices, the figure this page quotes for every capital. Where a city has a regular price cycle, the estimate projects that cycle; elsewhere it follows the recent trend, blended with the latest dated wholesale price change. Based on the Ballarat P98 outlook, adjusted by 4.8 c/L using local price history. The likely range widens with each day ahead.
Next-day estimates missed by 1.2 c/L on average over the 30 days to 14 Nov, closer than assuming prices stay the same (1.3 c/L).
30 days checked · 16 Oct to 14 Nov
Forecast test resultsFuel price reports
What drivers paid in every state and territory in October 2026, town by town.
- Australia U91
- 242.8c/L 17.3 c/L higher than the period before
- Read the Australian reportEvery town we could rank, the capital against the rest and the cost of a litre
- Australian fuel price reportPDF · October 2026Download
- Every fuel price report
Forecast questions
When will P98 prices go down in Lucas?
Estimate only: P98 in Lucas is estimated to edge down about 4.3 c/L, to 242.2 c/L by Sun 22 Nov (likely 230.5–260.0), from 246.5 c/L estimated for Sun 15 Nov. Past 7-day estimates missed by about 5.0 c/L on average, about the same as assuming prices stay the same (5.0 c/L). The dated 30-day forecast shows a likely range, not a promised low date. Check current station prices before changing when you fill.
What is the best day to buy P98 in Lucas?
There is no fixed best day for Lucas. Compare current reported station prices and their update times. A recent high or a lower estimate does not confirm a cheaper date.
How accurate is FuelRadar Australia's P98 price outlook?
Not accurate enough yet to tell you to fill or wait, so we don't. From 16 Oct to 14 Nov our next-day P98 forecasts for Ballarat were off by 1.2 c/L on average over 30 days checked. That beat assuming prices wouldn't move (1.3 c/L).
Do higher prices mean they will fall soon?
A recent high does not confirm a turnaround. Compare the reported movement with the estimated range. If that range still includes today's price, a fall is not established. Check current station prices before deciding to wait.
How often is the outlook updated?
We update the forecast overnight. For anything that changed today, check the map.